literature, we combine a dynamic (bottleneck) model of congestion and a vertical structure model that explicitly considers the …This paper analyzes efficient pricing at a congested airport dominated by a single firm. Unlike much of the previous … congestion toll that is derived for fully atomistic carriers to both leader and fringe yields the first-best outcome. This holds …

literature, we combine a dynamic (bottleneck) model of congestion and a vertical structure model that explicitly considers the …This paper analyzes e fficient pricing at a congested airport dominated by a single firm. Unlike much of the previous … congestion toll that is derived for fully atomistic carriers to both leader and fringe yields the first-best outcome. This holds …

This article investigates airline pricing and airport congestion charges in hub-spoke networks. When a public hub … airport and two public spoke (local) airports independently levy their charges, airlines will eventually set a ticket price … that overcharges the passengers for congestion delay cost and overcompensates for airline markups. Privatizing only local …

This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make …' internalization of self-imposed congestion) as products become closer substitutes. This increases the relevance of congestion pricing … and does not require leadership behavior. We also find that an airport requires two pricing instruments to achieve the …

congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing … congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive …

dominated by a single firm. Unlike much of the previous literature, we combine a dynamic (bottleneck) model of congestion and a …="http://www.sciencedirect.com/science/article/pii/S0094119013000594"><I>Journal of Urban Economics</I></A>, 2014, 13-27.<P> This paper analyzes efficient pricing at a congested airport … interacts with a competitive fringe, charging the congestion toll that is derived for fully atomistic carriers to both leader …

model to bargained airport landing fees where a number of interesting policy questions have arisen. For example, what is the … impact of joint ownership of airports? Does airline countervailing power stop airports raising fees? Should airports be … airports can price discriminate: airline concentration reduces the landing fee when downstream competition is in quantities …